R&D spending by the top 25 Indian pharmaceutical companies rose 28.8% to INR 9,250 crore ($1.4 billion) for the year ending March 2015. Sales as a percentage of revenues rose from 6.6% to 7.0%. The top three R&D spenders were Sun Pharmaceutical Industries, whose expenditures rose 87.0% to INR 1,856 crore; Dr. Reddy’s Laboratories, whose […]
As a result of budget shortfalls, the Indian Ministry of Science and Technology is requiring the Council of Scientific and Industrial Research’s (CSIR) labs to raise half of their funds through external sources and grants. The labs must also send the Ministry monthly updates on the progress of their research, and specify the aspects of […]
To promote research in fields in which India relies largely on technology from abroad, the country’s government will launch a funding opportunity on November 5 of INR 1,000 crore ($154 million). An interministerial group will review projects and proposals submitted by India’s research and technology institutes for the awards. The IMPRINT funding mechanism will support […]
This month, the Organization for Economic Co-operation and Development (OECD) released its annual Science, Technology and Industry Scoreboard, highlighting trends in R&D spending among the 34 countries that make up the OECD as well as China. In particular, the report emphasized the recent trends of growing investment by business, China’s increasing R&D prominence and the […]
Despite indications that the global economy is continuing to slow, the outlook for sales growth within the instrument and lab product industry is positive. In late October, 15 industry executives completed the online IBO Business Climate Survey. The respondents were IBO subscribers and other solicited participants, each representing a unique company or business unit. The […]
An assessment of 265 biopharmaceutical facilities in the 35 countries comprising the Europe, the Middle East and Africa (EMEA) region found that the combined production of the sites in 2014 was more than 2.4 million L. Among the sites, 26%, 18%, 15% manufactured recombinant proteins only, vaccines only, or “other” (excluding mAbs and blood processing), […]
With the first half of the year behind us, let us reflect on the state of the analytical and life science instrumentation and lab products market, how it has developed thus far and what is in store for the rest of 2015. The original January forecast (see IBO 1/15/15) was published without the benefit of […]
Last month, India’s cabinet approved a bill launching the Bureau of Indian Standards to develop the country’s standards for export products. The national standards are intended to prevent current private standards, such as those imposed on food by some supermarket chains, which may be higher than global standards, from being applied. The commerce ministry will […]
The 2013 market for prescription and over-the-counter drugs in Africa was $20.8 billion, more than quadrupling since 2003. One of the fastest-growing regions globally, the continent is expected to increase its GDP by 37% to $3.3 trillion between 2013 and 2020. Its pharmaceutical market is estimated to grow total $40–$60 billion by 2020, with a […]
Following the recall in India of Nestle’s Maggi noodles for higher-than-permitted levels of lead and MSG, the Food Safety and Standards Authority of India (FSSAI) has requested that states step up their monitoring of milk, packaged drinking water and edible oils. It has also asked food commissioners to increase testing of these products. The FSSAI […]
Pay Invoice
Latest Blogs
-
Syncell: Advancing Spatial Proteomics
June 30, 2025 3:41 pm
-
SDi Forecasts Growth in Demand for Analytical Instruments 2024–2029
May 29, 2025 1:38 pm
-
NIH Disruptions and Lab Tool Companies: Stocks React
April 30, 2025 1:17 pm
Sitemap
Your Data and Privacy
About Us
IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
